KAL Energy is proud to be recognized TRI-STATE Capital who upgraded their equity rating on KALG last week.
KAL Energy has a management team with excellent credentials which provides an insight into the recognized success of their coal mining operation in Indonesia which will serve the growing needs for coal in the rapidly expanding industrial market of Asia.
Cameron Reynolds
CEO
Cameron has for the past 13 years been involved in the running of a number of high growth mining and biotech companies in the UK, US, Canada and Australia; which include Southern China Group, Probio International and Integrated Coffee Technologies. Cameron has extensive experience in the management, structuring and strategic planning involved with start-up and early stage companies. Cameron is a founding partner of Empress Ventures, a boutique venture capital firm with offices in California, New York, London and Australia. He is also a director of Carbon Mining and has served on the boards of Great Bear Resources plc and Canyon Copper Inc. Cameron holds a Bachelor of Commerce degree and an MBA from the University of Western Australia.
Jorge Nigaglioni
CFO
Mr. Nigaglioni has over 12 years of experience in accounting and finance roles with PricewaterhouseCoopers and Agilent Technologies. In his last two years at PwC he was involved in auditing and consulting for startup companies. As a Controller at Agilent, he was involved in turning around two divisions to profitability. Mr. Nigaglioni has a Bachelor’s of Science degree in Business Administration from Bryant College and an MBA from the University of Wisconsin-Madison
David Pope
COO
David has over 15 years in the Environmental Services field with technical and leadership roles in Environmental Companies and for the last 10 years at Shell Group. Recently, David led the formation of a Global Environmental Services group that standardized processes and systems, focused and consolidated skill pools and leveraged Global Supplier relationships driving strategic initiatives into the business. David holds a degree in Mechanical Engineering with further studies in Environmental Engineering, Business and Leadership areas.
Jonathan O’Dell
Senior Consulting Geologist
Jonathan has been heading up the on-site exploration team in Kalimantan for almost a year. With over 30 years’ experience in the coal mining and exploration industry, he brings a wealth of geological knowledge and experience to the project, having most recently worked in the Middle East, Asia and in coalfields across Russia.
Mark Sinton
Operations Manager
Mark has extensive opencast coal mining experience: in his last job he managed a large part of the mining operations at Kaltim Prima Coal (KPC) in Kalimantan. The KPC Kalimantan mine is the world’s largest single exporter of thermal coal, targeted to produce 45 million tons this year. He brings an invaluable mix of decades of production and operational experience to the team.
Pat Carroll
In-country General Manger
Pat brings a wealth of local and exploration experience to the project. Pat has over 40 years’ experience in the mining and drilling industries throughout Asia, undertaking numerous large-scale exploration, sampling and drilling programs, often in remote areas.
The upgrade makes perfect sense and is understandable in light of the skilled management leading KAL Energy.
Source: KAL Energy
Contact Info
KAL Energy, Inc.
93-95 Gloucester Place
London, W1U 6JQ
United Kingdom
Phone: +44 20 7487 8426
Fax: +44 20 7691 9725 (direct)
Email:
a.caminschi@mininghouse.com
KAL Energy Inc. (OTCBB: KALG), through its wholly owned subsidiary Thatcher Mining Pte., has the rights to two coal concessions situated near the Mahakam River in North Eastern Kalimantan, Indonesia. This river is a main transportation system for transporting coal to nearby markets. Consulting Geologist, Jonathan O’Dell, has estimated that blocks 16 & 24 could contain over 192,000,000 tons of thermal coal. Today Indonesia is the leading exporter of thermal coal and export prices vary from $30.00 to $60.00 plus per ton. This region has been an active coal exporter since the 1990s, and in 2004 Indonesia passed Australia as the largest exporter of thermal coal. Governmental signing was achieved on Sep. 14th, 2006. Title & Ownership structure has been extensively reviewed by HHP, the in-country affiliate of Baker & McKenzie International.
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